Bandwidth Inc reports results for the quarter ended in December - Earnings Summary

Bandwidth

23/02/2023 15:52

* Bandwidth Inc  BAND.OQ  reported quarterly adjusted
earnings of
19 cents​​ per share for the quarter ended in December. The mean
expectation of ten analysts for the quarter was for earnings of
4 cents per share.
    * Revenue rose 24.5% to $156.97 million from a year ago;
analysts
expected $147.04 million. 
    * Bandwidth Inc's reported EPS for the quarter was a loss
of 16
cents​.
    * The mean earnings estimate of analysts had risen by
about 2.5%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Bandwidth Inc shares had risen by 3.8% this quarter.
    * The company reported a quarterly loss of $4.95 million.
    * Wall Street's median 12-month price target for Bandwidth
Inc is
$27.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
23 at 03:52 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.04           0.19           Beat
 Sep. 30 2022      0.03           0.27           Beat
 Jun. 30 2022      -0.06          -0.04          Beat
 Mar. 31 2022      -0.08          0.09           Beat